A will trust offers a way for your assets to be safeguarded while providing for your loved ones' future. This can be incorporated into your will to take effect after your death.

In essence, will trusts provide:

• A flexible approach
• Providing benefits to individuals in unforeseen ways during will drafting
• Adjustments to new circumstances as they arise

Our experienced solicitors will help you set up a will trust, manage finances that meet your specific needs, and provide comprehensive support throughout the process.

A discretionary trust, often referred to as a family trust or trust fund, is a legal arrangement in which an individual (referred to as the settlor) transfers property, assets, or funds to a trustee. The trustee is then responsible for holding and managing these assets on behalf of a group of beneficiaries. Unlike other types of trusts, the identities and entitlements of beneficiaries to the trust's income or capital are not predetermined.

These are best suited for those who are unable to manage their assets, such as children, who may have a disability or mental illness that affects their capacity to make decisions.

With our expertise in trust creation and administration, our services include:

• Optimising tax efficiency
• Providing expert guidance on legal requirements
• Updating you on changes to tax laws
• Managing all compliance requirements, including trust registration, preparing tax returns, and assessing fees.
• Ensuring your assets and family are protected

A personal injury trust allows individuals who have obtained compensation from a successful personal injury claim to safeguard their compensation from being considered for means-tested benefits. We can help you or a loved one set up a personal injury trust.

The benefits of a personal injury trust include:

• Tax-efficiency
• Management of future care costs
• Protection from means-tested benefits